Piggott State Bank

271 West Cherry Street
Piggott, AR 72454

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 5628
Date Established 1930
Assets $0.08 billion
Loans $0.04 billion
Deposits $0.08 billion
Capital $0.01 billion

Piggott State Bank is an FDIC insured institution located in Piggott, AR. It was founded in 1930 and has approximately $0.08 billion in assets. Customers can open an account at one of its 3 branches.

For a more detailed analysis of Piggott State Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in Piggott State Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial and Industrial Loans, and Farm Loans.

Compared to other banks, Piggott State Bank’s loan portfolio does not show any specific loan specialty.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 37.96
Multifamily
Mortgages
2.46
Credit Card Loans 0.00
Consumer Auto Loans 4.11
Small Business Loans 7.99
Construction and Development Loans 1.88
Commercial Real Estate 7.99
Commercial and Industrial Loans 15.79
Farm Loans 12.66

Deposit Rates - April 22, 2019

Your Current Location: Washington, WA 98109

Savings and Money Market Rates APY MIN MAX
Money Market
0.05% $2,500 - Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.10% $1,000 - Learn MoreShow Less
6 Mo CD
0.20% $1,000 - Learn MoreShow Less
12 Mo CD
0.35% $1,000 - Learn MoreShow Less
18 Mo CD
0.40% $1,000 - Learn MoreShow Less
24 Mo CD
0.45% $1,000 - Learn MoreShow Less
36 Mo CD
0.75% $1,000 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.35% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1,000 - Learn MoreShow Less

Loan Rates - April 22, 2019

Your Current Location: Washington, WA 98109

There are currently no loan rates available for Piggott State Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Washington 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
J.G. Wentworth Home Lending, LLC
NMLS ID: 2925
License#: CL-2925. NMLSID#2925
4.034% 4.000% 0.38 $1,030 $1,194 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.375% 5.375% 0.00 $0 $1,400 Learn More

Featured - Washington Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
5.500 %
$0 Learn More
More Info
Figure Home Equity Loan Plus
Figure Home Equity Loan Plus
8.000 %
N/A Learn More
More Info

Note to Piggott State Bank
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Branches

Piggott State Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Seattle,Washington


Piggott State Bank Locations


Financial Details

Piggott State Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Piggott State Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
Piggott State Bank U.S. Bank Average
2.21% 6.97%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of December 31, 2018, Piggott State Bank had $177,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $7,273,000 in equity and $718,000 in loans loss reserves. That gives it a Texas Ratio of 2.21%.

Return on Equity
Piggott State Bank U.S. Bank Average
13.81% 8.80%

Piggott State Bank has a Return on Equity of 13.81% versus the BestCashCow average of 8.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
Piggott State Bank U.S. Bank Average
8.66% 12.29%

Piggott State Bank has a Capitalization of 8.66% versus the BestCashCow average of 12.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

Piggott State Bank Balance Sheet Analysis

As of December 31, 2018, Piggott State Bank had assets of $84,005,000, loans of $40,143,000, and deposits of $76,239,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

December 31, 2018
ASSETS
Cash & Balances due from depository institutions $0.01 billion
Interest-bearing balances $0.01 billion
Total securities $0.04 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $0.04 billion
Loan loss allowance $0.00 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.00 billion
All other assets $0.00 billion
     Total Assets $0.08 billion
LIABILITIES
Total deposits $0.08 billion
      Interest-bearing deposits $0.07 billion
      Deposits held in domestic offices $0.08 billion
      % insured (estimated) 87.36%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.00 billion
Subordinated debt $0.00 billion
All other liabilities $0.00 billion
      Total Liabilities $0.08 billion
      Shareholders’ Equity $0.01 billion

Summary Income Statement

December 31, 2018
INCOME AND EXPENSES
Total Interest Income $0.00 billion
Total Interest Expense $0.00 billion
Net interest income $0.00 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.00 billion
Total non interest expense $0.00 billion
Pre-tax Net Operating Income $0.00 billion

Frequently Asked Questions About Piggott State Bank

Branches and Savings

Is Piggott State Bank FDIC insured?

Yes. It is covered under FDIC Certificate #5628.

Why does Piggott State Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are Piggott State Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is Piggott State Bank a commercial bank?

Yes

Where are Piggott State Bank locations?

See branch locations nearby.

Is Piggott State Bank open on Saturdays?

Is Piggott State Bank open on Sundays?

What time does Piggott State Bank open?

What time does Piggott State Bank close?

Are Piggott State Bank ATMs Open 24/7?

Do Piggott State Bank ATMs accept cash deposits?

Can Piggott State Bank customers use other ATMs?

Do Piggott State Bank branches have notaries?

Will Piggott State Bank notarize my document?

What address for Piggott State Bank should I put for incoming ACH transfers?

Will the Piggott State Bank branch print checks?

Do Piggott State Bank checks expire?

Does Piggott State Bank require US citizenship to open account?

Can Piggott State Bank close my account?

Does Piggott State Bank Report to credit bureaus?

Does Piggott State Bank Use Equifax?

What is Piggott State Bank's ACH Routing Number?

What is Piggott State Bank's SWIFT code?

Products

Does Piggott State Bank offer mortgages?

Compare mortgage rates here.

Does Piggott State Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Piggott State Bank offer personal loans?

Compare personal loan rates here.

Does Piggott State Bank offer student loans?

Will Piggott State Bank cash a check?

Will Piggott State Bank redeem a savings bond?

Does Piggott State Bank cash savings bonds?

Will Piggott State Bank cash money orders?

Can Piggott State Bank issue a money order?

Does Piggott State Bank do currency exchange?

Background on The Bank

Who owns Piggott State Bank?

How long has Piggott State Bank been around?

Can Piggott State Bank transfer to other banks?

Does Piggott State Bank have quick pay?

Does Piggott State Bank accept rolled coins?

Will Piggott State Bank accept loose change?

Where is Piggott State Bank headquarters?

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